As part of its continuing Vision 2020 strategy, cosmetics maker Shiseido announces it is transferring its shares in its Shiseido Kozmetik Anonim Şirketi subsidiary to Vepa Dış Ticaret Limited Şirketi, which is its joint venture partner company.
French cosmetics firm Yves Rocher has acquired a 51 per cent stake in Turkish company Flormar at a perfect time to invest in the market, according to experts.